GAIL (India) Ltd Sees Surge in Open Interest Amid Increased Trading Activity
GAIL (India) Ltd has seen a notable rise in open interest, reaching 87,631 contracts, indicating increased trading activity. The stock has outperformed its sector and is trading above certain moving averages, while maintaining a high dividend yield. Despite a drop in delivery volume, liquidity remains adequate for trades.
GAIL (India) Ltd, a prominent player in the gas industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 87,631 contracts, marking a notable rise of 9,169 contracts or 11.69% from the previous open interest of 78,462. The trading volume for the day reached 36,953 contracts, contributing to a total futures value of approximately Rs 105,722.45 lakhs.In terms of performance, GAIL has outperformed its sector by 0.59%, with a one-day return of 1.09%. The stock is currently trading above its 5-day and 100-day moving averages, although it remains below the 20-day, 50-day, and 200-day moving averages. Notably, the stock has a high dividend yield of 3.53% at the current price, indicating a strong return on investment for shareholders.
Despite a decline in delivery volume, which fell by 42.01% against the 5-day average, GAIL maintains sufficient liquidity for trades, with a capacity for a trade size of Rs 4.83 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a dynamic trading environment for GAIL (India) Ltd.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
